The Monetary Authority of Singapore (MAS) has announced new initiatives to support insurers in mobilising long-term capital for infrastructure and securitisation investments. These include a S$30m ($23.5m) grant scheme to support insurers in building infrastructure investment capabilities, and a more risk-sensitive insurance capital framework.
The Pakistan Senate has passed a legislation to convert the state-owned State Life Insurance Corporation into company under Companies Act, 2017, while shielding policyholders and employees, reported the Profit.
Namibia's short-term insuance industry posted pre-tax profit of N$1bn ($60m) for the year ended 31 December 2025, climbing by 37.9% over 2024, according to the Namibia Financial Institutions Supervisory Authority (NAMFISA).
Orient Insurance, a leading UAE insurance provider and a subsidiary of the Al-Futtaim Group, has announced its financial results for the first nine months of 2026, reporting continued year-on-year growth across key financial indicators.
Sukoon Insurance, one of the biggest insurers in the UAE, has announced that its profit before tax rose to AED438.4m ($119.4m) for the first nine months of this year, compared to AED303.2m for the corresponding period last year.
Saudi Reinsurance Company (Saudi Re) has announced that its net profit after zakat climbed by 63% to SAR194m ($51.7m) for the first three quarters of this year, compared to SAR118.7m in the corresponding period last year. Saudi Re attributed the profit increase mainly to the growth of business in line with the company's strategy and business plan.
Global insured losses from natural disasters reached an estimated $91bn during the first nine months of 2026, according to "Aon's Global Catastrophe Recap: Third Quarter of 2026."
Taiwanese government has said that the opposition backed changes in health insurance premiums for senior citizens could leave some of the poorest elderly people worse off.
The General Insurance Association of Japan (GIAJ) will host the International Union of Marine Insurance (IUMI) 2027 Conference in Yokohama, Japan.
The long-term insurance industry's profit before tax decreased by 18.8% to N$3.4bn ($204.5m) in 2025, compared to 2024, according to the Namibia Financial Institutions Supervisory Authority (NAMFISA).